Discussion-1
What are the three principal forms of business organization? What are the advantages and disadvantages of each?
Note that you need to validate all definitions, and matters not known as facts, by citing from credible sources.
Discussion-2
Over the past year, M. D. Ryngaert & Co. has realized an increase in its current ratio and a decline in its total assets turnover ratio. However, the company’s sales, cash and equivalents, DSO, and fixed assets turnover ratio have remained constant. What balance sheet accounts must have changed to produce the indicated changes?
